Calculate the weighted price index from the following data : Materials Units Quantity required Price during 2014 required 2017 Cement 100 Ib. 500 lb. 5.0 8.0 Timber c.ft. 2,000 c.ft 9.5 14.2 Steel sheets Bricks cwt. 50 cwt. 34.0 42.0 per '000 20,000 12.0 24.0

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Calculate the weighted price index from the following data :
Materials
required
Units
Quantity required
Price during
2014
2017
Cement
100 lb.
500 Ib.
5.0
8.0
Timber
c.ft.
2,000 c.ft
50 cwt.
9.5
14.2
Steel sheets
cwt.
34.0
42.0
Bricks
per '000
20,000
12.0
24.0
Transcribed Image Text:Calculate the weighted price index from the following data : Materials required Units Quantity required Price during 2014 2017 Cement 100 lb. 500 Ib. 5.0 8.0 Timber c.ft. 2,000 c.ft 50 cwt. 9.5 14.2 Steel sheets cwt. 34.0 42.0 Bricks per '000 20,000 12.0 24.0
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